| (REF: R3062) Spacious Well Equipped Cafe/Restaurant |
| |
| Seller Reference: |
R3062 |
| B4S Reference: |
31480 |
| Asking Price: |
£140,000
|
| Net Profit: |
Undisclosed |
| Sales Revenue: |
£166,400 |
| Number of Staff: |
3 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Bedfordshire, the East of England, United Kingdom |
| |
Nationwide are pleased to offer to the market : Front area with space for 2 tables and 8 chairs to -
SPACIOUS SINGLE FRONTED CAFÉ/RESTAURANT with ceramic tiled floor, ceiling with inset lighting. Tables and chairs providing seating for 50 persons. Large counter with stainless steel top, menu board, Lucozade glass fronted display fridge (on loan), hotwater boiler, Espresso Point coffee machine (on loan), small upright deep freeze, hotwater steamer, electronic cash register etc.
ADJOINING OPEN PLAN KITCHEN, counter with stainless steel top. The equipment includes stainless steel under-counter fridge, counter deep freeze, double Valentine double deep fryer, stainless steel extractor, 4-burner gas cooker with double oven, Garland electric grill with 3 burners, 4-pot bain marie, 2 commercial microwave ovens, 4-unit toaster etc.
ADJOINING WASH-UP AREA with commercial dishwasher, 2 stainless steel tables, double sink and drainer, wash hand basin
Storeroom with tiled floor and tiled walls, 2 upright stainless steel fridges, gravity feed slicer.
Additional storeroom with tiled floor and tiled walls plus racking, wakk-in deep freeze
Fully tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
We understand the entire premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £18,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £3,300 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
|
| |
Property: |
Leasehold |
| |
| |
Living Accommodation: |
Yes |
| |
| |
Details of Accommodation: |
The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 doubles, 1 single)
Fully tiled bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen
We are advised that 2 of the rooms over are at present let and provide a total rental income of £150 p.w. (We understand vacant possession can be given on completion. We further understand that should the entire accommodation not be required for personal use, there is potential to let the Self Contained Maisonette and we understand this should provide a rental income of £800/£900 per month, if required).
Service road at rear. |
| |
| |
Location: |
Situated in a parade, busy main road trading position, residential area, MIDDLESEX |
| |
Is this a home-based business? |
No |
| |
Can this business be relocated? |
No |
| |
Is this business part of a franchise? |
No |
| |
Monday - Saturday inclusive - 7.30 a.m. - 7 p.m.
Sunday opening - 9 a.m. - 6 p.m. |
| |
The business is at present operated by the vendor on a full time basis with the assistance of his wife on a part time basis plus 3 part time staff. |
|
|
